JPMorgan Launches Auto Callable Notes Linked to MerQube US Large-Cap Vol Advantage Index

JPMorgan Chase & Co. has announced the launch of Auto Callable Accelerated Barrier Notes Linked to the MerQube US Large-Cap Vol Advantage Index, a structured investment product designed for investors seeking early exit and uncapped returns.

The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co. and have a minimum denomination of $1,000, with integral multiples thereof. The product is expected to price on or about October 16, 2026, and settle on or about October 21, 2026.

The notes are linked to the MerQube US Large-Cap Vol Advantage Index, which has a 6.0% per annum daily deduction that will be applied to the index's performance. If the closing level of the index on any Review Date (other than the final Review Date) is greater than or equal to the Call Value, the notes will be automatically called for a cash payment.

The call premium amount with respect to each review date is set forth in the pricing supplement, and investors should note that they will not benefit from the upside leverage factor if the notes are automatically called. The payment at maturity will be calculated based on the index's return and the upside leverage factor, which is 5.00.